Wall Street Legend
Chapter 259 A critical year
These official organizations hold various meetings from time to time, as if to demonstrate their presence.
Ye Dongqing and his company are well-known after all, and they receive various invitations every day. If he attends every meeting in person, he will not have any time to himself throughout the year.
I don’t like dealing with those people, and it’s very difficult to chat with them. Because of my youth, I can be more willful in doing things. I postpone all the meetings that I can. If I can’t, I let the company’s senior executives attend on my behalf. That group The super rich cannot avoid being exposed to these worldly things. With the expansion of his fame, Ye Dongqing will have to learn to be more diplomatic one day in the future, but he hopes to postpone this time for a few years until he has had enough.
Upon learning that Mr. McCord was away, Ye Dongqing asked Miss Elizabeth Madoff to go back first while he continued to deal with the matters at hand.
I went to China some time ago and had dinner and met with some representatives of local Internet companies. I also talked about whether there were any opportunities to do business together. Now, some good progress has been made. Ye Dongqing specially established All the members of a working group in China are business talents who have just immigrated to the United States in the past ten years and were hired by him in the United States. This means that they are more familiar with the Chinese environment and can easily carry out their work.
This is indeed the case. They report their work progress directly to Ye Dongqing and are independent of Tamsui Investment Group. Their main job at the moment is to look for business opportunities on behalf of Ye Dongqing and contact smart people who have succeeded or have entrepreneurial ideas. And then achieve the goal of getting involved in China's Internet industry and laying out early in this era.
For example, Mr. Zhang from Sohu Company is planning to pass an additional issuance plan to issue some new shares on the Nasdaq market and obtain a total financing amount of approximately US$70 million from Ye Dongqing. This has not yet been approved by the Securities and Exchange Commission. However, if successful, Tamsui Group will directly hold approximately 26% of Sohu's shares. In addition, the plan that Boss Zhang mentioned to him last time to jointly create a new mobile phone brand is now being discussed. If nothing unexpected happens, it is likely to become a reality. At least Ye Dongqing will have no problem, he can take it himself. It's a great idea. If Boss Zhang can come up with part of the funds as promised, the cooperative project may be finalized next month.
The mobile phone industry, from upstream production and R\u0026D and supporting parts manufacturers to downstream production and sales, the industry scale of the entire market was already quite large in 2004. If we wait until a few years later, when smart phones are born, then Promoting the rise of the software consumer market, this piece of cake will inevitably become bigger. This is the big gold nugget that Ye Dongqing has coveted for a long time. Since there is no shortage of funds on hand now, he can also find talents to help him manage the company. It makes no sense. He just missed it so much, and his appetite was quite big.
In addition, this group of people also represented Ye Dongqing and Tamsui Investment Group and met privately with Jack Ma from the Alibaba Group. Ye Dongqing meant that he was willing to spend a large amount of money on Alibaba. The group raised a total of US$200 million, with only 30% of the shares, which is equivalent to increasing Alibaba's valuation by a large margin on the current basis, about 20%. Since the establishment of Taobao , and after achieving initial success, the company has indeed become more valuable and has great appeal to venture capital institutions.
According to the news obtained by Ye Dongqing, eBay also extended an olive branch to Jack Ma last month and was willing to acquire the entire Alibaba Group in cash and shares at a valuation of approximately US$480 million. acquisition, but the deal didn't seem to be going smoothly, so he asked his people to come up with a more attractive financing plan.
As promised to Boni when he invested in Tencent Group, he is also willing to hand over the management rights to Jack Ma. It is not yet certain whether the negotiation can be concluded. The good news is that the other party has not explicitly refused, which means that it is still possible. There is something to talk about.
As mentioned before, some companies have recovered from the impact of the Internet bubble burst crisis and have taken the lead in expanding globally. Big fish are frantically chasing small fish, trying to strengthen their own strength through mergers and acquisitions, Ye Dongqing He also took the initiative to enter this fight. He is a shareholder of Amazon, so he is not afraid of being resented by eBay people at all. He will do whatever is beneficial to him.
His previous appetite was too small. Now he is planning to invest one billion US dollars in China's Internet industry. If he can get the opportunity to finance Huawei, this number may be doubled or tripled.
It can be said that 2004 is a more critical year. Tamsui Investment Group has money, looks around the world, and has no shortage of investment opportunities. Ye Dongqing always has an inexplicable feeling that his future strength mainly depends on how much he can invest this year. It is a company with great potential. When others react and focus their capital on the Internet industry again, it will definitely be much harder and more expensive for them to invest.
Ye Dongqing needs to make his own decisions on these investment matters. The group of people under him are only responsible for negotiating an agreement that is more beneficial to him. The decision-making power is all in his hands. He reads page after page and gives an approval at the end. If you think it is good, you can directly pass it, and then continue to go down the process. Some projects have unclear prospects, so put them on hold for the time being. For example, Huicong.com, they are very open-minded and want Ye Dongqing to raise 100 million US dollars. After reading the plan I passed it without even thinking about it and helped local authorities sell agricultural products. How much money can I make from this?
After reading too many documents, I felt dizzy after a while. I got up and made myself a cup of black tea. Then I sat down again and called old Bernard Madoff to ask him about the funds from Rolex. I didn’t care about him. How much interest did Nader promise to give Rolex? Anyway, Tamsui Investment Group will pay Old Bernard an annualized interest rate of 9%.
The amount of commission is his own business and has little to do with Ye Dongqing. He just wants to know when the funds will be available. This is related to the next short-term investment plan. There is indeed a lot of money spent recently, just buying The shares underlying the warrants cost Tamsui Investment Group more than US$3 billion in cash.
There were always things waiting for Ye Dongqing to deal with. It was already past seven o'clock in the evening when he was almost finished. It wasn't until Maxie came to see him and invited him to have dinner together that he packed up his things and left the office...
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